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US home sales hit lowest level in nearly 30 years
US home sales in 2024 fell to lowest level since 1995
Sales of existing homes in the US fell last year to the lowest level in almost three decades, as sky-high home prices and elevated mortgage rates squeezed home buyers.
2024 US home sales hit lowest level in nearly 30 years with ownership increasingly out of reach
Sales of previously occupied U.S. homes fell in 2024 to a nearly 30-year low for the second year in a row as elevated mortgage rates, rising home prices and a low level of properties on the market kept many prospective homebuyers out of the market.
U.S. Homes Sales in 2024 Fell to Lowest Level in Nearly 30 Years
Higher mortgages rates and record home prices kept sales subdued for the second straight year.
US home sales in 2024 fell to the lowest level in nearly years as prices, and mortgages, soar
Sales of previously occupied U.S. homes fell in 2024 to a nearly 30-year low for the second time in as many years as elevated mortgage rates, rising home prices and few properties on the market freeze prospective homebuyers out of the market.
2d
The U.S. just experienced its slowest annual sales of homes since 1995
The market sputtered amid high mortgage rates, high prices, and homeowners with lower rates who have no plans to move.
2d
US existing home sales rise in December; house prices hit record high in 2024
U.S. existing home sales increased to a 10-month high in December, but further gains are likely to be limited by elevated ...
2d
on MSN
Housing market rewind: Home sales drop in 2024 to level not seen since the '90s
“While respondents remain discouraged by the pandemic-era run-up in home prices and mortgage rates, the upward trend in ...
2d
on MSN
Existing Home Sales Hit a Multidecade Low. Why Are Economists Upbeat About the Housing Market?
Existing-home sales were higher in December, but still came in at their lowest levels since 1995. Economists see positive ...
2d
on MSN
Volkswagen targets higher EV sales to avoid hefty €1.5 billion EU emission fines
EU countries such as France and Italy have urged Brussels to ditch the penalties for embattled European carmakers, who have ...
1d
2024 Palm Beach County home sales lowest in at least 10 years but prices keep rising
Just 127 Palm Beach County single-family homes sold last year for $149,000 or less. At the same time, 3,226 homes sold for $1 ...
Wicked Local
2d
Twelve Mass. places where the median home sale price reached $1M for the first time
The median price for a single-family home sold last year in Massachusetts reached another annual record high, climbing 7.9% to $615,000, according to The Warren Group, a regional provider of real ...
2d
on MSN
Tesla sales in Europe are sliding. That's a problem for Elon Musk.
The automaker saw sales of its EVs drop 13% in the European Union in 2024, and is facing growing pressure as rivals launch a ...
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